⚡️🗣️ NEW - $116 Billion VanEck says governments are mining Bitcoin and are “tired of this never ending cycle of debt that has been facilitated by the IMF… where countries lose their sovereignty”
https://blossom.primal.net/82c3be54022d5efe3216612e8037dd833c8745fbad6c610d9c7fefb3c786ff7e.mp4
of - has that lose $116 are and countries Billion been where facilitated the NEW “tired governments ⚡️🗣️ debt sovereignty”
https://blossom.primal.net/82c3be54022d5efe3216612e8037dd833c8745fbad6c610d9c7fefb3c786ff7e.mp4 says their of Bitcoin IMF… ending are mining this cycle VanEck by never
Crazy how strategy will soon be worth more than Vaneck lol
I recommend reading the book, "Confessions of an Economic Hit Man" to get a broader understanding of the predatory lending practices of the IMF.
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Does the IMF use any tactics described in Confessions of an Economic Hit Man?
Yes, the IMF does employ some of the tactics described in John Perkins' "Confessions of an Economic Hit Man." Here are a few key tactics that align with Perkins' accounts:
Manipulative Economics: The IMF, along with other international financial institutions, has been criticized for using deceptive data and economic forecasts to secure loans for countries. These loans often come with stringent conditions that can lead to a cycle of debt and dependence
Coercive Tactics: If countries resist the terms set by the IMF or fail to comply with the prescribed economic reforms, they can face further coercive measures. These can include additional austerity measures, which often disproportionately affect the poor and vulnerable populations
Political Shadowplay: The IMF's policies and conditions are often intertwined with political interests. By influencing a country's economic policies, the IMF can indirectly shape its political landscape to align with broader geopolitical strategies
Cycle of Debt: Many developing countries that take loans from the IMF find themselves trapped in a cycle of debt. The conditions attached to these loans often require significant structural adjustments, which can be economically and socially disruptive
While Perkins' book provides a critical perspective and some of his claims have been debated, there is evidence to support the idea that the IMF, along with other international financial institutions, has used tactics that align with the strategies described in "Confessions of an Economic Hit Man."
There is huge incentive for these countries to bypass IMF lending.
